International Marketplaces To Sell Product Globally – See List
International Marketplaces To Sell Product Globally
International Marketplaces To Sell Product Globally. Marketplaces on the internet were already booming before the COVID-19 pandemic, and they’ve only continued to grow at a faster rate since then. According to research, international marketplaces such as Amazon and eBay accounted for 62.5 percent of all online spending in the world last year.
If you’re looking to sell products to customers around the world online, you’ve arrived at a historically unprecedented window of opportunity. Everything from personal care products to industrial supplies to furniture has a market and an audience, and you can sell virtually anything if you have a product that people want to buy. Here we’ll look at some of the best international marketplaces for selling your products, as well as some insights into how you can maximize the impact of your efforts in order to make the most money possible.
Let’s get this party started.
GET STARTED WITHOUT ANY COST
What characteristics distinguish a successful international marketplace?
Choosing the most appropriate international marketplace can be difficult because there are so many options. The question is, how do you narrow the field and make sure you’re selecting the right candidate? Even though there are numerous factors to consider, the top four come down to affordability, target audience, promotional features, and the ability to sell products internationally. Let’s take a closer look at each of them.
Consider the fees associated with each international marketplace where you shop before making your purchase. In addition to transaction fees, you may be required to pay a monthly subscription fee each time you make a sales transaction. Check to see if the fees are manageable for you, especially if you’re just starting out and have limited financial resources.
In a massive marketplace such as Amazon, you can find almost any type of audience you’re looking for. However, this comes at the expense of intense competition.. Selling products that cater to a more specific niche and customer base on a smaller-scale platform may prove to be more fruitful than selling on a larger scale platform.
Highlights of the promotion
Due to the booming growth of global eCommerce marketplaces, you will almost certainly be up against stiff competition. Is there anything in the marketplace that will position you to be successful in comparison to your competitors? Investigate native marketing programs that can assist you in increasing your visibility, improving your placement, and establishing social proof and reputation in the eyes of customers.
You might even come across native advertising, such as that which Amazon provides to sellers.
Exporting capabilities on a global scale
When selling internationally, you may be surprised at how difficult it can be to keep up with the various policies and laws that vary from country to country. Always look for marketplaces that include features such as international shipping and carriers, regional payment methods and transfers, and considerations for local taxation, among other things.
The Best International eCommerce Marketplaces
Having trouble figuring out where to begin your search for the ideal global eCommerce marketplace? Let us take a look at some of the most well-known names in the industry. Even if none of them is a good fit for you, you’ll have a starting point from which to build your research.
1. Amazon is number one on the list.
Amazon is the largest global marketplace.
Amazon is by far the largest global eCommerce marketplace in the United States, generating more than $125 billion in revenue in just the fourth quarter of 2020. Amazon has a world-class shipping infrastructure and ships to more than 100 countries worldwide, giving you a broad delivery range when selling internationally on the platform. Amazon provides a plethora of tools to assist sellers in their endeavors. Choosing between fulfilling orders yourself or using Fulfillment by Amazon (FBA) to have the company handle all of the product storage, packing, and shipping for you are just a couple of examples. You also have tools to help you manage international sales, such as tax collection, at your disposal.
2. eBay is the second option.
eBay is a global marketplace for goods and services.
eBay is the second-largest internal marketplace in the United States. While eBay does not have as large an audience as Amazon, this could work to your advantage if you’re selling niche products to a specific type of audience that frequents eBay as their primary online shopping destination. For example, shoppers between the ages of 35 and 49 make up the majority of eBay’s customer base.
One of the advantages of eBay is that its fees are significantly lower than those charged by other international marketplaces, making it an attractive option for entrepreneurs on a tight budget. eBay’s fees are typically between 10 percent and 15 percent of the total amount of your sales.
AliExpress, based in China, is present in more than 230 countries and regions and receives more than 200 million visitors per month. With Singles’ Day, which can be thought of like China’s version of the Black Friday shopping holiday, the platform has built up a strong reputation for itself.
One significant advantage of selling on AliExpress is the low cost of doing so: depending on your items and categories, fees can range from as little as 5 percent to as much as 8 percent of your gross sales. AliExpress is also well-known for the dependability of its products and the quality of its customer service. As a seller, you will be paid as soon as your customers receive their shipment from you. Furthermore, buyers can rest assured that all customer inquiries are dealt with in a timely and efficient manner.
Blibli Indonesia is an acronym that stands for “blindingly obvious.”
Blibli is one of the most popular online marketplaces in Indonesia, with thousands of products available to buyers from a variety of categories across 15 different categories. Because it places a strong emphasis on selling authentic, branded products, it has earned a reputation for being extremely dependable.
Blibli has a global seller program that is designed to assist international merchants in expanding their operations in Indonesia. You can list items for free, but in order to be accepted into the program, you must provide proof of valid business registration as well as proof of a business bank account. In your capacity as an international seller, you can ship your products to Blibli’s fulfillment center. Blibli delivers products throughout Indonesia and provides merchants with local-language customer service support around the clock.
Sell your products on Flipkart in India.
For the month of October 2021 alone, Flipkart generated $4.6 billion in revenue, making it the most profitable eCommerce website in India. The platform began as an online bookstore, but it has since expanded to include a variety of other products such as clothing, furniture, groceries, and travel.
Flipkart provides a number of compelling reasons for sellers to list their products on its marketplace. It has a simple interface and allows you to create a free merchant profile without having to pay anything. A product listing puts you in front of over 200 million potential customers. When you sell on Flipkart, you won’t have to worry about how you’ll get your products to your customers because Flipkart takes care of everything. Flipkart has a robust fulfillment network consisting of 10,000 delivery agents and more than 200 pick-up hubs, ensuring that your items are delivered quickly while also allowing you to protect yourself from losses through its Seller Protection program, which is available to all sellers.
6. Fruggo is a type of rat.
Fruggo is present in more than 50 countries, with a significant presence in Europe and Asia. Translation technology, which helps translate your listing into more than 25 languages, is also included as an added bonus to help facilitate international sales on the site.
Instead of charging a monthly subscription fee like some international marketplaces, Fruggo does not charge a monthly fee to use the platform. You only have to pay when you make a sale. Furthermore, because it is a UK-based marketplace, it has built-in tools to ensure that you are always paid in your home currency, as well as features to assist you in managing other costs, such as VAT.
7. Discounts are available.
Cdiscount is the leading French marketplace.
Cdiscount is a rapidly expanding marketplace based in France, with more than 10 million active customers. A storefront can be opened without any upfront costs or sales restrictions, allowing merchants to expand their business. You have the ability to list both new and used items in a variety of categories, and there is no limit to the number of products you can have in your catalog.
Discount also offers fulfillment on-demand, which means that you deliver the items to their warehouses whenever a new order is placed by a customer with them. Following that, the order is shipped through the company’s logistics channels within 24 hours. All of this makes Cdiscount an excellent choice for online merchants looking to expand their operations into France.
Zalando is a European online marketplace.
With operations in 23 European markets, Zalando is a German eCommerce company with a presence in the United States. Its online marketplaces offer a diverse selection of products in a variety of categories, with fashion proving to be the most popular.
Zalando also has a well-trained international support team to assist sellers with the registration process. With their assistance, the process of creating a shop and listing products is simple and streamlined. Zalando Fulfillment Solutions allows merchants to take advantage of Zalando’s global networks, experience, and markets by utilizing Zalando’s fulfillment services (ZFS). ZFS is comprised of a large number of warehouse locations throughout Europe as well as logistics partners in a number of European countries.
Shopee is the most popular marketplace in Malaysia.
Shopee is without a doubt Malaysia’s most popular online marketplace, attracting more than 50 million visitors per month. Shopee is popular among consumers not only because of its large selection of products, but also because it is mobile-friendly and charges low shipping fees. This eCommerce website hits all of the buyer’s sweet spots in terms of design.
Listing on Shopee is completely free, and international sellers who have completed fewer than 100 orders are exempt from paying a commission fee. Furthermore, the platform enables you to provide customers with a variety of payment options, including debit and credit card payments, ATM transfers, and cash on delivery, among others (COD). There are numerous established fulfillment centers throughout Southeast Asia that will accept and ship your items to Shopee buyers, making it a breeze to meet customer demands.
Rakuten is the best Asian marketplace. Japanese online marketplace Rakuten has more than a billion customers and operates in more than two dozen countries, making it the world’s largest online marketplace. The country has earned the moniker “the Amazon of Japan” as a result of this. Rakuten has a number of distinguishing characteristics that distinguish it from other international marketplaces.
R-mail, the company’s proprietary email marketing tool, assists sellers in developing and maintaining relationships with buyers so that they can turn them into repeat customers. In addition, the marketplace provides eCommerce consultants to assist you with your individual seller’s journey. Customers can earn Super Points, which are used to redeem cashback on the marketplace. This program helps to increase customer loyalty to the site.
11. Mercado Libre (Free Market)
Mercado Libre is the best Latin American marketplace.
It is the most popular eCommerce marketplace in Latin America, according to Mercado Libre. The online marketplace Mercado Libre receives over 650 million visits per month, with Brazil, Argentina, and Mexico accounting for 80 percent of all visits. According to a Web Retailer report,
Online store Mercado Libre is an all-around destination for products of all types and sizes. Using it, merchants can sell products in more than 150 categories, including fashion, electronics, sporting goods, home & garden, smartphones & accessories, and other electronic devices. International sellers can list their products in US dollars and collect their payments in US dollars while still accepting orders in their home country’s currencies. It is necessary to be accepted into the Mercado Libre Global Selling program in order to take advantage of these and other benefits.
It all boils down to identifying the most appropriate international market. However, while selling on international marketplaces can be extremely profitable, it is not going to be easy or straightforward. In terms of options, you’ll have a plethora to choose from, and there will always be plenty of competition for your time and attention.
Nonetheless, if you conduct thorough research to ensure that the following conditions are met: It costs you a manageable amount of money to sell your products.
As a result of the marketplace, you are placed in front of the appropriate audiences. You have access to tools that can help you increase your visibility and ability to be seen by the right people. Take advantage of these resources.
If your first choice(s) doesn’t yield the results you were hoping for, you can always try another marketplace to see if you get a better result. The most important thing to remember is that you must take the first step.